Cryptocurrency Sector Undergoes Major Shifts
The cryptocurrency market faces significant changes as Mt. Gox begins repayments, Ethereum proposes upgrades, and regulatory battles continue.
Blockchain
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Emerging Cryptocurrencies: 5 Projects to Watch in July 2024
Discover five new cryptocurrencies with high growth potential in July 2024, including innovative projects in VR gaming, metaverse development, and meme-inspired tokens, offering unique investment opportunities in the evolving digital finance landscape.
Taiwan Mobile Enters Crypto Market with VASP License
Taiwan Mobile, the country’s second-largest telecom, has obtained a virtual asset service provider (VASP) license, paving the way for its entry into the cryptocurrency market through a potential exchange launch.
Cardano Founder Defends Project Against ‘Dead Coin’ Accusations
Charles Hoskinson, founder of Cardano, rebuts claims that ADA is a “dead coin,” emphasizing the project’s technological advancements and questioning the importance of institutional approval in the cryptocurrency space.
Mt. Gox’s $9 Billion Bitcoin Payout: A Crypto Milestone
Mt. Gox, the defunct Japanese bitcoin exchange, is preparing to distribute $9 billion worth of recovered bitcoin to its creditors, marking a significant milestone in cryptocurrency history.
Sony Enters Crypto Market with Japanese Exchange Acquisition
Sony is set to launch a cryptocurrency exchange in Japan after acquiring Amber Japan, marking its entry into the digital asset trading sector.
Litecoin Surges with Record Ordinals and Price Uptick
Litecoin breaks its bearish trend as it reaches 25 million Ordinals inscriptions, accompanied by a 5% price increase and growing network activity.
SEC Sues Consensys Over Unregistered Crypto Services
The U.S. Securities and Exchange Commission has filed a lawsuit against blockchain technology company Consensys, alleging unregistered broker activities through its MetaMask swaps service and crypto staking programs.
Tether Shifts Focus: USDT Minting Halted on EOS and Algorand
Tether has announced the cessation of USDT minting on EOS and Algorand blockchains, citing a strategic shift towards supporting networks with growing communities. This move follows similar actions taken last year on Bitcoin, Bitcoin Cash, and Kusama.
NFT Sales Drop 21% as Crypto Market Slumps
Global NFT sales declined 21% this week, reaching just over $100 million across 21 blockchains, with Ethereum leading despite the overall market downturn.